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The UK employment rate had reached a joint-record high of 76.6% before the coronavirus crisis hit the UK according to the latest Labour Market Statistics update published by the Office for National Statistics (ONS).  The employment rate was 0.6 percentage points higher than a year earlier

The first US gold coin has gone up for sale with an estimated sale price of $15 million.

Blair Nimmo, head of restructuring at KPMG UK, details the ways in which Scottish businesses are facing uncertainty and liquidity issues in the current financial climate. In the current environment of dramatically falling consumer demand and great uncertainty, those running the UK’s businesses

Edinburgh-based fintech Aveni has secured seed investment of £520,000 for its ground-breaking video conferencing-based AI technology, which will transform client interaction in financial and professional advice sectors in the new age of ‘digital client service’. The investment, led

A debt repayment system similar to student loans payback schemes where companies only start repaying debt undertaken during the coronavirus crisis once they have turned a profit, has been proposed by the Institute of Directors (IoD) as critical to economic recovery.  Directors of UK businesses

Standard Life Aberdeen has told the majority of its staff to work from home until the end of this year. Yesterday the company told 4,900 UK employees working from home during the UK's lockdown not to expect to come back to the office this year.

Employer confidence has started to pick back up in some Scottish cities, according to the latest job market data from CV-Library.

Kris Keane, director at big-four audit firm Deloitte, details how firms can emerge from lockdown stronger than when they entered it. A typical crisis plays out over three time frames: ‘respond’, in which a company deals with the present situation and manages continuity; ‘recover&rs

HM Revenue & Customs’ (HMRC) specialist ‘task forces’ have collected £540 million in extra tax revenue for the UK authority in the last financial year, according to research by Pinsent Masons. The amount collected by the task forces in 2019/20 was broadly level with that

Neil Mitchinson, director of Edinburgh Asset Finance, details why now is not the time for panic selling and ures that firm's let assets take some of the financial strain during the COVID-19 crisis. When the cry of “Fire!” rings out across a crowded theatre, it is a brave and level-headed

PwC is set to reopen offices across England with reduced occupancy from June 8. The firm's UK chairman Kevin Ellis said that the firm is planning a phased return to the office with this first step paving the way for more people returning to work in its offices.

Businesses across the country have now been awarded more than £100 million through the Scottish Government Business Support Fund. The scheme, announced by cabinet secretary Fiona Hyslop at the end of April, has to date helped more than 2,500 businesses and 4,160 self-employed people.

UK households repaid a record £7.4 billion of unsecured debt in April, according to data published by the Bank of England.

Tesco has announced that its chief financial officer Alan Stewart has decided to retire from the company on 30 April 2021. Mr Stewart joined Tesco in September 2014 and, as a member of the board and executive committee, has played an instrumental role in the turnaround of Tesco.

BDO has taken over from KPMG as the auditor of Ted Baker. In January, Ted Baker reported that the value of inventory held on the group’s balance sheet at 26th January 2019 was overstated by £58 million, a number more than double the value of the £20-25m it initially suggested.